Mutual Fund Top Investment Scheme: Nippon India Growth Fund was launched 29 years 3 months ago. In these 29 years, it has proved to be a winner in giving mutual funds scheme returns. In 29 years, this fund has given returns of 22.88 per cent environment to those doing Systematic Investment Plan (SIP). At the same time, the return of this fund has been more than 22.81 percent annually on one time investment. This 29 -year -old scheme has made investors who have saved 3000 rupees every month, millionaires. Today, he must have become the owner of 7 crore rupees funds.
Corporate FD: 8 to 9% interest on the company FD, but understand before investment, rating to risk factor
Nippon India Growth Fund is included in the country’s oldest mutual fund scheme. Nippon India Growth Fund was launched on October 8, 1995. That is, it has been completed in the month of October 29 years. In this scheme included in the midcap category, about 94 percent of the funds of investors are employed in equity or equity related options. In equity category, more than 60 percent of the investment is made in midcap stock. The total AUM of the fund was Rs 35,278 crore by 31 December 2024. While the expansion ratio was 1.58%.
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What is investment strategy
The objective of this scheme is to invest high returns in the long term by investing in securities related to equity and equity through research based approach. Growth fund portfolio includes companies showing more than average growth. These companies reinvest in the company’s Expenses, Acquisition and Research and Development. These companies can be on their sector on the leadership position or join the leaders. Most of the growth funds are high-problems, high-relies. Long -term investment covers the risk covered in them. Financial advisors recommend investing at least 5 years or more in such funds.
NPS: Investing 20 years in NPS can also get 1 lakh pension, but till the age the scheme will be best to join
Fund SIP performance
SIP figures of Nippon India Growth Fund are 29 years old. In 29 years, this scheme has given 22.88 percent annual return to those who do SIP. In this context, after the start of the scheme, someone invested a monthly Rs 3000, now he must have deposited about Rs 7 crore.
SIP’s annual return in 29 years: 22.88%
Monthly SIP Amount: Rs 3000
Total investment in 29 years: Rs 10,44,000
Total Value of SIP after 29 years: Rs 6,91,85,819
Fund’s performance
Nippon India Growth Fund began on 8 October 1995. In these 29 years, this fund has given returns at the rate of 22.81% per cent to those who invest out of lump sum. On the introduction of this fund, if someone would have waited by investing 1 lakh rupees in it, then the value of today’s money would have been Rs 4,07,78,900 i.e. about Rs 4 crore.
Annuised Return Since Launch: 22.81%
Value of Investment 1 Lakhs: 4,07,78,900 rupees
1 year returns: 26.65%
Rs 1 lakh investment value: Rs 1,26,900
3 years Return: 25.87% annually
1 lakh investment value: Rs 1,99,550
5 years Return: 28.93% annually
Value of Rs 1 lakh invested: Rs 3,56,710
High Return: 5 toppers of midcap mutual funds, investors’ money is 3 to 4 times in 5 years, returns up to 39% on SIP
Latest fund portfolio: top holdings
Persistent Systems: 3.07%
BSE: 2.86%
Fortis Healthcare: 2.70%
Power Finance Corporation: 2.54%
Voltas: 2.54%
The Federal Bank: 2.27%
Dixon Technology: 2.19%
Varun Beverages: 2.17%
Cholamandalam Financial: 2.12%
Bharat Forge: 2.02%
Latest Fund Portfolio: Top Sector
Auto: 9.77%
Financial: 7.56%
Pharma: 7.44%
Retail: 6.30%
Industrial: 6.22%
Consumer: 6.10%
Bank: 5.11%
Power: 4.59%
Capital Market: 4.59%
Healthcare: 4.56%
(Source: Fact Sheet, Value Research, AMFI)
(Note: We have given information on the basis of performance of a mutual fund scheme here. It is not advisable to invest. There are risks in the market, so consult a financial advisor before investment.)
